Niall Ferguson: What Happens Next in Iran Will Change the Middle East Forever

In 'Colossus,' Niall Ferguson argues that the United States is the most powerful empire the world has ever seen, both militarily and economically. He compares the U.S. to the British Empire, noting that both aspire to globalize free markets, the rule of law, and representative government. However, Ferguson contends that Americans shy away from the long-term commitments of manpower and money necessary to effectively manage and transform rogue regimes and failed states. He describes the U.S. as an empire with an attention deficit disorder, imposing unrealistic timescales on its overseas interventions and refusing to acknowledge its global responsibilities. The book warns of the negative consequences of this chronic myopia, both domestically and internationally, and suggests that the eventual collapse of this empire may come from within due to its internal weaknesses.